Randstad falls on weak Q4 and subdued Q1'25 Outlook

Randstad NV

12/02/2025 08:48

** Shares in the world's largest employment agency Randstad
 RAND.AS  are down 2.5%, after the company reported its Q4'2024
and financial year earnings
    ** Randstad's Q4 2024 results reveal sharp declines in key
financial metrics, highlighting weak macroeconomic conditions
and business challenges
    ** Jefferies maintains a "Buy" rating on Randstad but lowers
earnings expectations for Q1 2025, citing a continued weak
staffing environment and subdued free cash flow performance
    ** ODDO BHF and J.P. Morgan maintain a "Neutral" stance on
Randstad, highlighting inline Q4 results but flagging
substantial one-offs, impairments, and a cautious outlook for Q1
2025
    ** Degroof Petercam downgrades Randstad to "Reduce" from
"Hold" and lowers its price target to EUR 39 from EUR 41, citing
continued weak sales momentum, disappointing free cash flow, and
limited earnings visibility
 

 (Reporting by Johan Bodinier and Michal Aleksandrowicz in
Gdansk)
 ((Johangeorgesroger.bodinier@thomsonreuters.com))